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This brief summarises and sets in context findings from this research project
Describes how, by creating uncertainty about the net return to education, aid volatility can mitigate agents' incentives to invest in skills
This paper studies the effect of aid volatility on growth, in a model where the decision to invest in skills is endogenous
Price volatility is a particularly serious problem for poor households
The study of 142 countries, 1973-2012, finds that macroeconomic volatility widens income equality with the poorest most exposed
A large literature has argued that different types of capital flows have different consequences for macroeconomic stability
This paper focuses on a sample of 38 low income countries over the period 1978-2012
This study examines the links among macroprudential regulation, the volatility of financial flows, and economic growth
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